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According to Jake Claver, an analyst at the University of California, Berkeley, XRP is quietly being accumulated by dark pools.
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After the pullback, XRP has re-established Fibonacci support levels at $2.07 ($2) and $1.93 ($1)
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MACD remains bullish while RSI stays just below overbought zones near 59.
XRP has remained frustratingly static despite increased regulatory clarity, increasing institutional involvement, as well as a steady expansion in real-world applications. Jake Claver is the Managing Director at Digital Ascension Group. He believes that this range-bound movement could be hiding a storm.
Claver, in a recent thread about XRP, highlighted the role dark pools — private markets that allow large crypto transactions to occur off-exchange as a hidden factor behind XRP’s sideways movement.
Claver explained that the rise of dark crypto pools is “a kind of double-edged blade.”
“They conceal bullish momentum, drag prices down in the short term but, over time, they create the perfect setup. Hidden accumulation, tightening of supply, and finally… the dam bursts.”
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Dark Pools May Be Fueling Stealth XRP Accumulation
Claver argues major institutions – such as hedge funds, family office, and even nation-states – are quietly stocking up on XRP, without triggering retail interest.
Platforms such as Coinbase and Kraken already offer institutional trading services that allow large players to silently acquire tokens. Claver warned “XRP may be heavily suppressed” at the moment.
He said that even the most ardent believers begin to doubt when such scenarios occur. The executive said that if investors stayed focused, they could just see what happens next.
XRP Technical Analyses: Quiet before the Breakout?
On the technical front, it is hovering around $2.27. This is after a slight pullback from a recent peak of $2.2465. The daily chart, using Fibonacci levels (from 1,6171 to 2,2465), reveals several key areas of interest.
- Support already tested and respected.
- 0.5 Fib : $1.93; firmly held as bottom range support.
- 0.618 Fib: ~$1.85; deeper pullback zone if selling pressure returns.
- 0.786 Fib : $1.75 ; last-stand support for bullish trend before it turns bearish.
XRP has so far respected the 0.382 Fib and 0.5 Fib zones, bouncing sharply. This indicates that bulls have defended these zones aggressively. This bounce is being followed by consolidation, the “boring” bit Claver mentioned.
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The Relative Strength Index is currently near 59. This is just below the threshold of overbought. MACD (Moving average convergence divergence) is still bullish. The MACD line (blue), which moves above the signal line orange, and the histogram bars turning green, remain bullish.
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